On Friday, 3.14, the latest BTC market analysis:

The early morning short selling failed to continue after breaking through the 80,000 mark, and is currently undergoing a rebound correction. Although the overall trend is weakly volatile, it is still not advisable to blindly chase before the position is broken.

In the short-term chart, the wedge range is gradually contracting, with the high gradually moving down. The overall rhythm is in a oscillating and falling rhythm. Although the form is weak, there is no obvious breakthrough action. In the short term, the currency price remains in the range of 80000-84500, and on the 4-hour chart, the currency price is under pressure running below EMA7, EMA30, and EMA120. The moving averages are in a bearish arrangement. The currency price has been suppressed after rebounding, with obvious short-term moving average pressure. However, the overall trend is still adjusting within the wedge range, and there is no sign of a breakthrough for now. Therefore, in the short-term strategy, main short positions and auxiliary long positions can be considered, with a focus on short-term operations.

On Friday morning, Bitcoin watched its retracement strength. If the 80,000 level holds, it can try to short once for a rebound. On the upside, continue to watch the 84,000 level. If it is broken, enter short positions decisively and continue to bearish!#F1极速冲刺，享$50,000大奖 #加密市场反弹 #潜力山寨币